Tag Archives: symc

Could Cisco, HP, Intel Be Arming Up For FireEye Buy?

Cisco Systems (CSCO), Hewlett Packard Enterprise (HPE), Symantec (SYMC) and Intel (INTC) could all potentially go to bat to buy beleaguered FireEye (FEYE), a Summit Research analyst said Monday as the cybersecurity firm’s shares bucked an overall Wall Street downtrend. FireEye stock was up more than 5% intraday in the stock market today as the Dow Jones and Nasdaq tumbled more than 2%. Investors worldwide cringed as China’s stock markets stalled

Symantec Earnings Beat Ahead Of Veritas Divorce

Security software maker Symantec’s (SYMC) splitting off of its data storage unit Veritas, which it acquired in 2005 for $13.5 billion, is expected to close within two months, the company confirmed Thursday, ending a pairing that many analysts had questioned from the start. But the company also reported an earnings beat, and its stock was holding up better than the security software sector overall near midday Thursday. For its fiscal Q2 ended Oct.

FireEye Drags Qualys, CyberArk Up Ahead Of Earnings

FireEye (FEYE) stock climbed Monday on Wall Street ahead of its late Wednesday Q3 earnings report, pulling up shares of online security firms CyberArk Software (CYBR), Qualys (QLYS) and Symantec (SYMC) with it. In early trading, FireEye stock was up 4%. On Wednesday, FireEye is expected to report $167.1 million in revenue, up 46% vs. the year-earlier quarter. The consensus of 32 analysts polled by Thomson Reuters sees losses per share lessening